First pumped storage hydropower station in Romania, including hydropower cascade on the river Olt from Ipoteşti, Drăgăneşti, Frunzaru and Izbiceni Rusanesti and was put into service Friday at Frunzaru, when being cataloged by the Minister for Energy Razvan Nicolescu, as one important for Romania.
"It is an important and very historic moment for Romania. Basically, today we put on the map of Europe and Romania Slatina with a new achievement: Romania will have available today, operating 200 MW pumped. ( … ) We are one of the EU countries with the highest energy independence, the EU country with the most balanced energy mix and a country which today has 200 MW pumped. This is important and is something that we should be proud, "said Nicolescu.
The minister pointed out that the investment put into operation is to be learned from experience that a efficient spending of money.
"It is also an experience from which we must learn a number of things need to be more effective when we start to invest. ( … ) This investment was initially expected somewhere 140 million and reached 400 million and obviously if it cost 400 million, if we now calculate the efficiency and profitability, it is more difficult for you to recover 400 million. We must learn to spend money more efficiently, " said the Minister for Energy.
He noted that among its objectives include reviewing energy strategy, trying to Romania to play a greater role in European energy policy and efficiency, professionalization of management and implementation of rules of corporate governance in state-owned companies.
' We started with ELCEN, we continued with CONPET, then RAAN, this week we'll look closely at the project company Tarniţa were we spent million there. I think it is time to start a debate, especially in the context of energy strategy review. ( … ) Perhaps we need a discussion on this new concept of consumer dispatchable. If it is correct that a pumped storage plant to pay for the energy used for pumping water required to pay duty CHP. If it is correct that such a center to pay distribution and transmission tariffs for the energy used in pumping, "the minister added.
Razvan Nicolescu said that it is important HIDROELECTRICA reduce costs and make investments, but reducing costs is by operating primarily the procurement costs.
Hidroelectrica administrator Remus Borza, showed that retrofitting hydropower cascade on the Lower Olt, respectively Ipoteşti, Drăgăneşti, Frunzaru, Rusanesti and Izbiceni was invested 400 million euros and operating hydroelectric power is by double reversible turbine – pump. This technique is at first time for Romania the country's first hydro reversible. They provide 285 MW power available under the turbine and 200 MW in pumping mode.
Remus Borza has addressed the issue of return on investment for power generation by pumping, showing that it is a worthwhile investment and experience operating these hydropower plants on the Lower Olt pumping mode will be useful for analyzing the opportunity to invest in the construction of a plant to Tarniţa – Lăpuşteşti.
' If such activity cost ? We have made some calculations. I tell you. We have a cost price of 450 lei per MW. It's huge, ( … ) just with the optimal reduction in value operating on a cycle of 22 years, that means from the outset 200 lei depreciation per MW, 'said Borza.
He argued that an investment in Tarniţa which is initially estimated at 1.2 billion and could reach at 2 billion, is unprofitable and because the energy market is oversaturated. ' For the first time we know a surplus of energy. Energy produced in pumping mode I had nowhere to exploit. ( … ) We are transfering a loss from the left pocket to the right pocket of the state ", said Remus Borza.